Often, many parents transfer their properties to their children due to various reasons. After the property is gifted to their children, the promise that they shall be taken care of by the transferee is … READ FULL STORY
What Is a Quasi Contract in Law? A quasi-contract refers to a retroactive arrangement between two parties, where there was no prior obligation contractual commitment between them. It can also be defined as the … READ FULL STORY
Transfer of property by way of gift If you wish to transfer a property, so as to make the donee enjoy the property immediately, this can be done by way of a gift. You … READ FULL STORY
MoU full form MoU stands for Memorandum of Understanding. It is a non-binding contract describing the intention of two people or a business to work in consensus. An MoU is also sometimes referred to … READ FULL STORY
Construction projects by their very nature are dependent on several factors and circumstances, both, foreseeable and unforeseeable. Delays in completing construction projects are normal in our country. The majority of construction disputes relate to … READ FULL STORY
The good news is that Indian home buyers do understand that the lockdown following the Coronavirus pandemic, was neither in the hands of the builders, nor could it have been anticipated. Hence, they have … READ FULL STORY
The current COVID-19-induced nationwide lockdown has been in continuance for 60 days and counting. This is certainly an unprecedented situation that we all have seen, till date. The economic impact of the Coronavirus pandemic, … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, is a landmark legislation in the history of Indian real estate. It is a comprehensive statute that establishes the Real Estate Regulatory Authority, to regulate the … READ FULL STORY
Acquisition of immovable property by a minor A minor can acquire an immovable in various ways. He can acquire it by way of inheritance, either through a will or through the intestate succession law … READ FULL STORY
While the popularity of cryptocurrency has surged in the last few years, the underlying technology behind it, ‘Blockchain’, can be used in various fields. It can also be used in the real estate sector, … READ FULL STORY
Real estate markets across the major cities are witnessing a new spate of consumer activism, which is more political in its functioning than being consumer-centric. Numerous home buyers’ associations have sprung up, which are … READ FULL STORY
A property buyer, who invests his hard-earned money in buying a home and does not get its possession on time, not only fails to get a roof over his/her head but also ends up … READ FULL STORY
